2021
DOI: 10.3390/su13041684
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Spatial Dynamics between Firm Sales and Environmental Responsibility: The Mediating Role of Corporate Innovation

Abstract: Corporate environmental responsibility (CER) is increasingly gaining interest among researchers and practitioners. Despite this extensive interest, systematic research regarding the effect of sales on environmental performance remains scarce. In this study, an empirical analysis on a sample of 909 Chinese listed companies from 2010 to 2016 showed that sales positively impact environmental performance. This study also showed that corporate innovation mediates the relationship between sales and environmental per… Show more

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Cited by 14 publications
(9 citation statements)
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“…The aforementioned empirical research results show how the spatiotemporal context of the biopharmaceutical industry at the macro level, measured by distance and time, affects the R&D expenditure of biopharmaceutical companies at the micro level. The empirical findings are consistent with the SSP theory, i.e., the spatiotemporal context will affect the behavior of biopharmaceutical companies, including R&D investment (Gu, 2021a(Gu, , 2021b(Gu, , 2020. In other words, this study supports the context-sensitive thesis.…”
Section: Analysis Of the Influencing Factors Of Biopharmaceutical Companies' Randd Investmentsupporting
confidence: 86%
“…The aforementioned empirical research results show how the spatiotemporal context of the biopharmaceutical industry at the macro level, measured by distance and time, affects the R&D expenditure of biopharmaceutical companies at the micro level. The empirical findings are consistent with the SSP theory, i.e., the spatiotemporal context will affect the behavior of biopharmaceutical companies, including R&D investment (Gu, 2021a(Gu, , 2021b(Gu, , 2020. In other words, this study supports the context-sensitive thesis.…”
Section: Analysis Of the Influencing Factors Of Biopharmaceutical Companies' Randd Investmentsupporting
confidence: 86%
“…The analytical framework for understanding the impact mechanism of HSR on city innovation is illustrated in Figure 1. The test of the so-called spatial spillover effect proposed in the abovementioned Hypothesis 2 was realized empirically by means of a spatial lag term [62][63][64]. This analysis framework was constructed using the spatial difference-in-differences method, and its purpose was to handle three different treatment effects that existed at the same time in the process of natural experiments: the treatment effect due to the introduction of HSR, the spillover effect within the treated cities, and the spillover effect on the control cities.…”
Section: Hypothesis 2 (H2) There Is a Negative Spillover Effect Of In...mentioning
confidence: 99%
“…In other words, in terms of innovation, there is a spatial dependence between cities along the HSR route [21]. These cities interact strategically with each other, rather than independently of each other [62,63]. In evaluating the impact and effect of HSR on urban innovation, it is necessary to include and examine the potential impact of inter-city spatial dependence.…”
Section: Hypothesis 2 (H2) There Is a Negative Spillover Effect Of In...mentioning
confidence: 99%
“…Figure 1 shows a graphical representation of the proposed theoretical model and the research hypotheses to be tested. The empirical test of the spatial spillover effect in Hypothesis 3 and Hypothesis 4 is mainly realized through the significance of the spatial lag term and the sign of the regression coefficient [48][49][50]. This analysis framework is set based on the spatial difference-in-differences model and can handle the following three different treatment effects: treatment effects based on patent incentive policies, spillover effects within the experimental group, and spillover effects on the control group.…”
Section: Literature Review and Hypothesesmentioning
confidence: 99%